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Started By
Message
re: April tariff revenue topped $17 billion
Posted on 5/2/25 at 7:08 pm to Mushroom1968
Posted on 5/2/25 at 7:08 pm to Mushroom1968
My 99 year old mother in law had to pay over 10,000 in income taxes just because they saved and were frugal. Totally ridiculous at her age. So sick of paying for others to keep hand out!!!!
1
Posted on 5/2/25 at 7:10 pm to Penrod
quote:
How are you going to eliminate $3 trillion with $630 billion?
the top 10% of tax payer pay 90% of taxes. $630B Can replace the taxes levied on the bottom 90%, or under $200k income, as Trump has claimed.
Posted on 5/2/25 at 7:15 pm to stout
But he promised this on day one. Epic fail - I’m outraged about the 401k I have never paid for and my stocks that I don’t have went down a point. We must impeach!!!!
Did I do it right?
Did I do it right?
Posted on 5/2/25 at 7:18 pm to stout
I get the feeling we spend more than 17b in a day
Posted on 5/2/25 at 7:36 pm to Powerman
quote:
Not to mention it's not enough to move the needle at all on income taxes
How much monthly does the federal government take in from personal income tax collection? 2.1 trillion per year. Thats 171 billion per month.
We are already right at 10% of that in tariff collections if my math is right.
This post was edited on 5/2/25 at 7:41 pm
Posted on 5/2/25 at 7:41 pm to PaintCompany
quote:
My 99 year old mother in law had to pay over 10,000 in income taxes just because they saved and were frugal
Wait, your 99 year old mother is still working and is making that kind of money? Or did she pay $10k over her lifetime? What does saving have to do with income taxes?
I’m confused. What am I missing?
Posted on 5/2/25 at 7:43 pm to 4cubbies
quote:
What does saving have to do with income taxes?
Jesus! Savings account interest is taxable income regardless oof the taxpayers age.
Posted on 5/2/25 at 7:50 pm to bigjoe1
Dang. Is that true for all interest? Thanks for explaining that btw.
Posted on 5/2/25 at 7:51 pm to Taxing Authority
quote:
Doing simple math isn’t complaining.
You are complaining its not enough
Its all you do
Posted on 5/2/25 at 8:13 pm to 4cubbies
quote:
Dang. Is that true for all interest?
Municipal bond interest is not taxable, but his 99-year-old grandmother isn't a municipality issuing bonds.
Are you really shocked to learn that income, even from interest, is taxable? You...the same person who gets on here and calls others dumb.
This post was edited on 5/2/25 at 8:40 pm
Posted on 5/2/25 at 8:14 pm to theRealJesseD
quote:
the top 10% of tax payer pay 90% of taxes. $630B Can replace the taxes levied on the bottom 90%, or under $200k income, as Trump has claimed.
Three errors in there. The top 10% pay 72% not 90%; the top 10% cutoff is about $193,000 not $200,000; and 28% (100-72) of $3 trillion collected is $840 billion, so it still doesn’t work.
But even accepting your numbers, eliminating the income tax of everyone under $200,000 is not the same as eliminating the taxes of everyone. And I was arguing with a guy who claimed the latter, not with Trump who claims the former.
Posted on 5/2/25 at 8:15 pm to SDVTiger
quote:
Powerbottom has the sads
LOL
Posted on 5/2/25 at 8:25 pm to stout
quote:
You...the same person who gets on here and calls others dumb.
I don’t know that I’ve done this more than a handful of times in the past decade but I’m flattered that you’re taking notice of my posting habits I must be the only poster who doesn’t know everything already.
Posted on 5/2/25 at 8:28 pm to DawgCountry
No they’re still bad and won’t work. That part hasn’t changed, no goalpost move.
But ALSO they won’t come anywhere close to replacing income tax.
But ALSO they won’t come anywhere close to replacing income tax.
Posted on 5/2/25 at 9:01 pm to SDVTiger
Posted on 5/2/25 at 9:13 pm to bigjoe1
quote:
Savings account interest is taxable income regardless oof the taxpayers age.
Yea...why does age matter? If you have income you pay taxes, that is how it works.
Just some weak emotional appeal by brain dead MAGA bros.
Posted on 5/2/25 at 9:56 pm to 4cubbies
quote:
Show us your math.
The white flag! Easy victory
Posted on 5/2/25 at 9:58 pm to stout
That's significant money. I want to see how they're gathering the data though.
Posted on 5/2/25 at 10:01 pm to Powerman
quote:
Not to mention it's not enough to move the needle at all on income taxes So now that we have some real numbers to work with we can confidently put the stupid notion that tariffs are going to eliminate income taxes to rest It was always a stupid pipe dream and only parroted by the biggest of morons
You need to change your user name to powerbottom.
Posted on 5/2/25 at 11:22 pm to theRealJesseD
quote:
the top 10% of tax payer pay 90% of taxes. $630B Can replace the taxes levied on the bottom 90%, or under $200k income, as Trump has claimed.
Aw look at this. Bernie and AOC will be so proud! 
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